- November 11, 2024
- Posted by: admin
- Category: BitCoin, Blockchain, Cryptocurrency, Investments
The post Cardano Price Prediction 2024-2030: Will ADA Price Hit $1? appeared first on Coinpedia Fintech News
Story Highlights
- The live price of the Cardano token is $ 0.62219555.
- ADA coin price could reach a potential high of $1 by the end of 2024.
- Cardano price, with a potential surge, could go as high as $10.32 by the end of 2030.
The crypto market has turned bullish as BTC hits a new all-time high and Solana surges to $210. Amid these increasingly bullish conditions, Cardano is on a recovery run, crossing $0.50, and has become the 9th largest cryptocurrency in the world.
Are you considering buying Cardano this month before the bull run begins? Or, are you wondering, “Is Cardano a good investment?” or “Will Cardano reach $100?” Check out our detailed Cardano (ADA) price prediction for 2024 – 2030 for all your FOMOs and FUDs.
Table of contents
Overview
| Cryptocurrency | Cardano |
| Token | ADA |
| Price | $ 0.62219555  -2.05% |
| Market Cap | $ 21,788,372,512.2723 |
| Trading Volume | $ 4,174,629,307.5317 |
| Circulating Supply | 35,018,528,521.6771 |
| All-time High | $3.10 Sep 02, 2021 |
| All-time Low | $0.01735 Oct 02, 2017 |
| 24 High | Coming soon |
| 24 Low | Coming Soon |
Cardano Price Prediction November 2024
Cardano prices increased significantly over the past seven days, resulting in consecutive bullish candles. The ongoing recovery accounts for a nearly 82% jump following a double bottom reversal.
Further, the recovery rally has exceeded the 200D EMA along with the 61.80% Fibonacci level at $0.54. The Cardano price is currently trading at $0.59.
As the trend reversal in Cardano gains momentum, the upside Fibonacci redressment levels tease a potential continuation to the 1.272 level at $0.993. On the flip side, the 200-day EMA at $0.391 is a potential support, likely to be sustained by the end of the month.
| Month | Potential Low ($) | Average price ($) | Potential High ($) |
| November | $0.391 | $0.662 | $0.993 |
Cardano Price Prediction 2024
The price of Cardano could rise as a result of recent network enhancements and rising activity. There are growing indications of a positive reversal. Strong support levels, an increase in significant transactions, and the expansion of its DeFi ecosystem could further spur additional recovery.
Trading at $0.341, ADA presents a buying opportunity with the potential to surpass $1 and reach $1.5 in 2024. A bull run could push it to $1, averaging $0.635 and possibly closing around $1.37 by year-end.
| Year | Potential Low ($) | Average Price ($) | Potential High ($) |
| 2024 | 0.27 | 0.635 | 1 |
Cardano Price Prediction 2025
The year 2025 could signal growth for ADA, with prices potentially oscillating between a low of $1.81 and a high of $2.42. The average price during this period could stand at $2.115.
| Year | Potential Low ($) | Average Price ($) | Potential High ($) |
| 2025 | 1.81 | 2.115 | 2.42 |
Cardano (ADA) Price Prediction 2026 – 2030
| Price Prediction | Potential Low ($) | Average Price ($) | Potential High ($) |
| 2026 | 2.76 | 3.03 | 3.30 |
| 2027 | 4.56 | 4.79 | 5.03 |
| 2028 | 5.29 | 5.51 | 5.73 |
| 2029 | 6.68 | 7.235 | 7.79 |
| 2030 | 9.12 | 9.72 | 10.32 |
Also read: UniSwap Price Prediction 2023, 2024, 2025: Will UNI Coin Surge In 2023?
ADA Price Prediction 2026
Moving into 2026, ADA’s potential price is foreseen to elevate further, ranging between a low of $2.76 and a high of $3.30. The average price during this period could stand at $3.03.
Cardano Price Targets 2027
The analysis suggests a further surge in Cardano’s value by 2027, with the price potentially hitting between $4.56 and $5.03. The average price during this period could stand at $4.79.
ADA Price Forecast 2028
In 2028, ADA’s price could rise to fall between $5.29 and $5.73, with the average price standing at $5.51.
ADA Price Prediction 2029
By 2029, Cardano’s price is projected to rise between $6.68 and $7.79, with the average price reaching $7.235.
Cardano Price Prediction 2030
Finally, by 2030, Cardano’s price is predicted to soar between $9.12 and $10.32, with the average price potentially standing at $9.72.
Also, Check Out: March 2024 Crypto Adoption Report: Global Trends, Top Nations, and Regulatory Insights
Market Analysis
| Firm Name | 2024 | 2025 |
| Gov.Capital | $2.12 | $3.09 |
| DigitalCoinPrice | $0.90 | $1.24 |
*The aforementioned targets are the average targets set by the respective firms.
CoinPedia’s Cardano (ADA) Price Prediction
Assuming that Cardano continues to focus on the upcoming updates of the network, we can expect a wider adoption rate of Cardano. Moreover, with the upcoming bull run propelled and fueled by Bitcoin halving in 2024, followed by a new altcoin season, Cardano is all set to create unprecedented new heights.
We expect the ADA price to reach $1 by the end of 2024.
| Year | Potential Low ($) | Average Price ($) | Potential High ($) |
| 2024 | 0.27 | 0.635 | 1 |
Historical Price Sentiments
Also Read: Coinpedia’s Price Analysis provides you with the latest content on the recent market trend that enables you to get closer to the price movements & actions of the various cryptocurrencies.
FAQ
The price of ADA could surge to a maximum of $1 by the end of 2024.
According to our Cardano price prediction, the altcoin’s price could hit a maximum of $2.42 by the end of 2025.
Assuming the best case is that you invested in Cardano in January 2020, your investment would have increased by 550%. In short, for every $100, you would have made an extra $550.
At the time of writing, the price of 1 CardanoADA token was $0.3566.
Cardano is an underrated investment and has a high chance of performing in the next couple of years, considering the plethora of applications.
If you are holding your ADA tokens for the long term, there is no downside to staking all of it.
Cardano is not dead, as it is witnessing major developmental upgrades, which could boost ADA’s price in the near future.
Even the most bullish of Cardano supporters acknowledge that Cardano will only potentially surpass Ethereum within 8 to 10 years.
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